Proceedings of the International Conference on Applied Sciences and Engineering (ICASE 2023)

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Supporting the flexibility and reliability of power systems: Optimal scheduling approach

Authors
Zagdkhorol Bayasgalan1, *, Tsetsgee Bayasgalan2, Adarsuren Sukhbaatar1, Tumengerel Purevjav1, Altangerel Barkh3, Bat-Undral Baasan4
1Department of Electrotechnics, School of Power Engineering, Mongolian University of Science and Technology, Ulaanbaatar, Mongolia
2Department of Technology Management, Mongolian University of Science and Technology, Ulaanbaatar, Mongolia
3Energy Regulation Commission, Ulaanbaatar, Mongolia
4Department of Electrical Engineering, Mongolian University of Science and Technology, Ulaanbaatar, Mongolia
*Corresponding author. Email: zagdkhorol@must.edu.mn
Corresponding Author
Zagdkhorol Bayasgalan
Available Online 31 December 2023.
DOI
10.2991/978-94-6463-330-6_22How to use a DOI?
Keywords
electricity market; real-time pricing; regulation; unit Commitment; phasor measurement units
Abstract

The optimal scheduling of the electricity market requires a holistic approach that incorporates demand-side measures, energy storage systems, renewable energy integration, market mechanisms, and system operations. The power system can achieve greater flexibility, reliability, and efficiency by leveraging these strategies. Therefore, in this paper, we modelled the electricity market, which can reward generators for maintaining a certain capacity level on the system. In addition to the mathematical models of Unit Commitment (UC) for the Mongolian Energy System, the optimal placement of Phasor Measurement Units (PMUs) has also been computed. The computed results from the optimal placement of PMUs can provide a set of locations where the PMUs can be installed to achieve maximum power system observability. This result can improve the system's reliability by providing real-time information about the state of the power system and allowing operators to detect and respond to potential problems efficiently. To further enhance the effectiveness of this approach, we consider incorporating other strategies such as energy storage systems and renewable energy integration.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Applied Sciences and Engineering (ICASE 2023)
Series
Atlantis Highlights in Engineering
Publication Date
31 December 2023
ISBN
978-94-6463-330-6
ISSN
2589-4943
DOI
10.2991/978-94-6463-330-6_22How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Zagdkhorol Bayasgalan
AU  - Tsetsgee Bayasgalan
AU  - Adarsuren Sukhbaatar
AU  - Tumengerel Purevjav
AU  - Altangerel Barkh
AU  - Bat-Undral Baasan
PY  - 2023
DA  - 2023/12/31
TI  - Supporting the flexibility and reliability of power systems: Optimal scheduling approach
BT  - Proceedings of the International Conference on Applied Sciences and Engineering (ICASE 2023)
PB  - Atlantis Press
SP  - 176
EP  - 183
SN  - 2589-4943
UR  - https://doi.org/10.2991/978-94-6463-330-6_22
DO  - 10.2991/978-94-6463-330-6_22
ID  - Bayasgalan2023
ER  -